In the heart of Saudi Arabia In the heart of Saudi Arabia’s booming tech scene, Reachware, a cutting-edge SaaS provider, has just secured $3 million in Seed funding. Led by Sadu Capital, the investment underscores the startup’s potential to revolutionize business automation and system integration across the MENA region. With contributions from 500 Sanabil Investments and Elm Company, Reachware is […]

MENA MARKET As the summer draws to a close, the once-thriving startup scene in the Middle East and North Africa (MENA) region seems to be cooling down. In August 2024, startups across the region raised $83 million in 30 funding rounds. This represents a sharp decline of 76% from July’s impressive $355 million. Additionally, compared to the same period last […]

Introduction: Saudi Arabia’s ESG Momentum In Saudi Arabia and beyond, environmental, social, and governance (ESG) concerns have become an essential business priority. With the world moving towards sustainable growth, enterprises are now held to a higher standard-demanding transparency, accountability, and sustainable practices. Enter Updapt, a game-changing ESG Tech company that’s helping enterprises digitally track and monitor their ESG data lifecycle. […]

The AI Revolution in Finance The financial industry is on the brink of a transformative shift, driven by the integration of artificial intelligence (AI) into everyday banking operations. With AI’s potential to optimize decision-making, streamline operations, and personalize services, it’s no wonder the global financial sector is paying close attention. Recently, Citi’s Global Perspectives and Solutions (GPS) published a groundbreaking […]

Saudi Arabia’s thriving tech ecosystem Saudi Arabia’s thriving tech ecosystem has marked another milestone with Syarah, the nation’s leading autotech platform, securing $60 million in a Series C funding round. This significant investment, led by Artal Capital, underscores the growing confidence in the Kingdom’s burgeoning digital economy. For those invested in the future of Saudi Arabia’s tech scene, this development […]